Are you a seasoned real estate developer or investor searching for a high-value Joint Venture (JV) development in Ikoyi, Lagos? Here’s a rare opportunity to acquire 4,400 SQM of prime land on Glover Road, Ikoyi, one of Lagos’ most prestigious and sought-after addresses.
This is an ideal JV for developers looking to construct contemporary luxury flats or maisonettes in a location that guarantees high demand, long-term capital appreciation, and premium rental returns.
📍 Location: Glover Road, Ikoyi – Lagos’ Luxury Corridor
Glover Road is one of the most prestigious streets in Ikoyi, known for:
- Exclusive residential estates and luxury apartments
- Close proximity to Victoria Island and Lagos Island
- High security and serene environment
- Access to top-tier amenities, corporate offices, and embassies
Being situated directly on this high-profile corridor ensures maximum visibility, premium valuation, and quick market absorption for luxury residential projects.
📏 Land Details
- Land Size: 4,400 SQM
- Land Value: ₦3.5 Million per SQM
- Land Title: Federal Certificate of Occupancy (CofO)
- Premium: Nil (No upfront premium required)
- Facilitators Fee: 10%
This fully titled property provides a clear and secure JV process, making it ideal for experienced developers with the capacity to execute a high-end project.
🏗 Proposed Development: Contemporary Luxury Flats / Maisonettes
The land is perfectly suited for the construction of modern, high-end residential units, including:
- Luxury flats
- Maisonettes
- Penthouse suites
- Multi-bedroom executive apartments
Developers have the flexibility to create a bespoke, contemporary design that caters to affluent tenants and buyers in Ikoyi. The size of the land allows for adequate parking, landscaped gardens, and modern amenities that meet luxury living standards.
🤝 JV Terms
- Sharing Formula: To be determined (TBD) based on the developer’s proposal and investment plan
- Premium: Nil – Developers can proceed without any upfront premium
- Facilitators Fee: 10% of land value
This ensures a transparent and fair JV process, allowing both parties to focus on project execution and profitability.
🌟 Why This Opportunity Stands Out
- Prestigious Location – Situated on Glover Road, Ikoyi, a top-tier residential and commercial corridor
- High Land Value – ₦3.5 Million per SQM, reflecting its prime status
- No Premium Required – Developers can allocate capital entirely to construction and development
- Flexibility in Design – Perfect for luxury flats or maisonettes with modern amenities
- Fast ROI Potential – High demand for luxury housing in Ikoyi ensures rapid sales or rentals
- Exclusivity – Opportunities of this scale and location rarely come to market
📌 Suitable For
- Contemporary luxury apartments
- Maisonettes and executive flats
- High-end gated residential estates
- Mixed-use residential projects
⚠️ Serious JV Only
This opportunity is strictly for capable developers with proven experience. Only developers who can demonstrate capacity to deliver a high-value residential project should inquire.
📞 Contact / WhatsApp to Close This JV ASAP
For serious developers and investors ready to submit proposals, conduct site inspections, and finalize the JV:
📱 Call / WhatsApp: 08034139285